The actions of the Federal Reserve are really a bit dizzying! Just a couple of days ago, they said the probability of a rate cut in September was only over 41%, and now it has suddenly jumped to over 80%.
It seems that the disappointing non-farm data has directly caused a major shift in market expectations for the Federal Reserve's policy direction. However, such volatility is quite normal, as economic data and officials' statements change daily, and everyone's expectations fluctuate with them.
As ordinary people, we shouldn't worry too much; in the end, how the Federal Reserve decides will depend on them. I am actually looking forward to seeing what impact this wave of market changes will have on the crypto space, as everyone is hoping for a rate cut.
It's better to enjoy together than alone; if you reach out, I can help you to shore!!
SUI TURMP BONK PEPE OM SOL PNUT